William Blair Issues Positive Forecast for LII Earnings

Lennox International Inc. (NYSE:LII) – Analysts at William Blair raised their Q4 2024 earnings per share estimates for Lennox International in a report released on Wednesday, January 15th. William Blair analyst R. Merkel now expects that the construction company will post earnings per share of $4.40 for the quarter, up from their previous estimate of $4.19. The consensus estimate for Lennox International’s current full-year earnings is $21.19 per share. William Blair also issued estimates for Lennox International’s Q2 2025 earnings at $7.64 EPS and Q3 2025 earnings at $7.22 EPS.

Lennox International (NYSE:LII) last posted its quarterly earnings data on Wednesday, October 23rd. The construction company reported $6.68 EPS for the quarter, topping the consensus estimate of $5.95 by $0.73. Lennox International had a return on equity of 148.52% and a net margin of 14.63%. The firm had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.42 billion. During the same quarter last year, the company earned $5.37 earnings per share. The business’s revenue for the quarter was up 9.6% compared to the same quarter last year.

Several other research analysts also recently commented on LII. Morgan Stanley assumed coverage on Lennox International in a research note on Monday, January 6th. They issued an “underweight” rating and a $595.00 price objective on the stock. Wells Fargo & Company raised their price objective on Lennox International from $570.00 to $615.00 and gave the stock an “equal weight” rating in a research note on Monday, October 7th. Royal Bank of Canada lifted their target price on Lennox International from $604.00 to $619.00 and gave the company a “sector perform” rating in a research note on Thursday, October 24th. Northcoast Research began coverage on Lennox International in a research note on Friday, November 22nd. They set a “sell” rating and a $475.00 target price on the stock. Finally, KeyCorp downgraded Lennox International from an “overweight” rating to a “sector weight” rating in a research note on Tuesday, October 15th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $590.50.

Lennox International Stock Up 2.6 %

NYSE LII opened at $664.16 on Monday. The stock’s 50-day moving average price is $638.00 and its 200-day moving average price is $603.13. The company has a quick ratio of 0.87, a current ratio of 1.39 and a debt-to-equity ratio of 1.10. Lennox International has a 52 week low of $412.09 and a 52 week high of $682.50. The company has a market capitalization of $23.66 billion, a P/E ratio of 31.54, a price-to-earnings-growth ratio of 1.91 and a beta of 1.11.

Lennox International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were issued a $1.15 dividend. This represents a $4.60 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date was Tuesday, December 31st. Lennox International’s dividend payout ratio (DPR) is 21.84%.

Insider Transactions at Lennox International

In other news, Director Sherry Buck sold 500 shares of Lennox International stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $660.74, for a total value of $330,370.00. Following the completion of the transaction, the director now owns 1,693 shares in the company, valued at approximately $1,118,632.82. The trade was a 22.80 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Shane D. Wall sold 325 shares of the business’s stock in a transaction on Monday, October 28th. The shares were sold at an average price of $612.97, for a total value of $199,215.25. Following the transaction, the director now owns 2,035 shares of the company’s stock, valued at approximately $1,247,393.95. The trade was a 13.77 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 2,106 shares of company stock worth $1,353,233. 10.40% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Lennox International

Large investors have recently bought and sold shares of the business. Wilmington Savings Fund Society FSB purchased a new stake in shares of Lennox International in the 3rd quarter worth $27,000. First Horizon Advisors Inc. purchased a new stake in shares of Lennox International in the 3rd quarter worth $39,000. Huntington National Bank lifted its holdings in shares of Lennox International by 47.9% in the 3rd quarter. Huntington National Bank now owns 71 shares of the construction company’s stock worth $43,000 after buying an additional 23 shares during the period. UMB Bank n.a. lifted its holdings in shares of Lennox International by 388.9% in the 3rd quarter. UMB Bank n.a. now owns 88 shares of the construction company’s stock worth $53,000 after buying an additional 70 shares during the period. Finally, Quantbot Technologies LP purchased a new stake in shares of Lennox International in the 3rd quarter worth $77,000. Hedge funds and other institutional investors own 67.07% of the company’s stock.

About Lennox International

Lennox International Inc, together with its subsidiaries, designs, manufactures, and markets a range of products for the heating, ventilation, air conditioning, and refrigeration markets in the United States, Canada, and internationally. The Home Comfort Solutions segment provides furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, and replacement parts and supplies; residential heating, ventilation, cooling equipment, and air conditioning; and evaporator coils and unit heaters under Lennox, Dave Lennox Signature Collection, Armstrong Air, Ducane, AirEase, Concord, MagicPak, Advanced Distributor Products, Allied, Elite Series, Merit Series, Comfort Sync, Healthy Climate, iComfort, ComfortSense, and Lennox Stores name.